Musk gets extra $7 billion in financing for Twitter

Bloomberg May 5, 2022 11:47 · 7846 Views Trending

Elon Musk has secured about $7.1 billion of new financing commitments, including from billionaire Larry Ellison, a Saudi Prince, and Sequoia Capital, to help fund his proposed $44 billion takeover of Twitter. Dan Ives of Wedbush says this new financing is good for Tesla and Twitter shareholders.

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